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400 W 126th St
New York, NY 10027
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Along with air rights transferred from Lot 70 & 67, R7A zoning provides 45,090 ZFA of Standard FAR and up to 57,593 ZFA with onsite affordable housing
- Centrally located among several recently constructed rental and condominium properties,the property is an ideal candidate for residential development.
- The site is steps away from the bustling retail corridors of West 125th St and Frederick Douglass Boulevard, that feature a mix of national brands.
- Prime corner location provides significant flexibility, ensuring optimal unit layouts and natural light across a variety of project types.
- Close proximity to Columbia University present a compelling candidate for student housing.
Executive Summary
BID DEADLINE: Wednesday, April 22nd, 2026 @ 4 pm
Ariel Property Advisors presents 400 West 126th Street, a premier Harlem development opportunity that includes additional air rights from a neighboring property. The ~6,018 square foot, irregularly shaped parcel boasts 160.92’ of wraparound frontage at the corner of Morningside Avenue & West 126th Street. It currently consists of a vacant parcel and a former rectory. Offering exceptional scale, flexible design and a strategic location, 400 West 126th Street represents a rare and unique Upper Manhattan development opportunity.
Ariel Property Advisors presents 400 West 126th Street, a premier Harlem development opportunity that includes additional air rights from a neighboring property. The ~6,018 square foot, irregularly shaped parcel boasts 160.92’ of wraparound frontage at the corner of Morningside Avenue & West 126th Street. It currently consists of a vacant parcel and a former rectory. Offering exceptional scale, flexible design and a strategic location, 400 West 126th Street represents a rare and unique Upper Manhattan development opportunity.
Property Facts
| Price Per Unit | $4,036,180 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Sale Condition | Redevelopment Project | Building Size | 3,510 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R7A - HIgh density residential district | ||
| Price Per Unit | $4,036,180 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,510 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Opportunity Zone |
Yes |
| Zoning | R7A - HIgh density residential district |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
Property Taxes
| Parcel Number | 1966-0073 | Improvements Assessment | $542,628 CAD |
| Land Assessment | $174,062 CAD | Total Assessment | $716,690 CAD |
Property Taxes
Parcel Number
1966-0073
Land Assessment
$174,062 CAD
Improvements Assessment
$542,628 CAD
Total Assessment
$716,690 CAD
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